Highway 321, Lenoir City, TN 37771
$2,020,000



















Property Type:
Commercial
Lot Size (sq. ft.):
3,486,107
Status:
Closed
Current Price:
$2,020,000
List Date:
7/21/2021
Last Modified:
10/01/2021
Description
ONLINE ONLY REAL ESTATE AUCTION
80 Acres of Loudon County Development Land
BIDDING STARTS ENDING:
Thursday, August 19th at 12:00PM (NOON)
+/- 80 acres located on Hwy 321 - Just off of I-40 Exit # 364 - TDOT 2021 Traffic Count: 8,620 - Approx. 931' of Road Frontage - Currently zoned C-3
Great opportunity for potential residential development, commercial development, farm use - so many uses with this awesome location
Close proximity to Watts Bar Lake, Melton Hill Lake, Tellico Lake, and Fort Loudoun Lake
15 minute drive to Farragut and Turkey Creek
More Information MLS# 1161120
Location, Tax & Legal Info
Area: Loudon County - 32
City/County Code: County
Total Tax: 0
Contract Info
Auction Y/N: Yes
Current Price: $2,020,000
Status: Closed
Listing Date: 2021-07-21
Location
Central Busns Area: 1
Industrial Area: 1
Outside City: 1
General Property Description
Lot Dimensions: Irregular
Acres: 80.03
# of Buildings: 0
Restrictions: No
Stories: 0
Zoning: C-3
Property Status: N/A
# Parking Spaces: 0
Condition: Good
Remarks & Misc
Directions: From I-4o, take exit 364. Head south on Hwy 321 to the property on the right.
Public Remarks: ONLINE ONLY REAL ESTATE AUCTION
80 Acres of Loudon County Development Land
BIDDING STARTS ENDING:
Thursday, August 19th at 12:00PM (NOON)
+/- 80 acres located on Hwy 321 - Just off of I-40 Exit # 364 - TDOT 2021 Traffic Count: 8,620 - Approx. 931' of Road Frontage - Currently zoned C-3
Great opportunity for potential residential development, commercial development, farm use - so many uses with this awesome location
Close proximity to Watts Bar Lake, Melton Hill Lake, Tellico Lake, and Fort Loudoun Lake
15 minute drive to Farragut and Turkey Creek
Auction
Bidder Must Qualify: No
Buyers Premium: No
Remote Bidding: Yes
Real Estate Only: Yes
RE & Personal Prop: No
Auction Date: 2021-08-19
Auction Location: ONLINE ONLY
Auction Time: 12:00PM
Commercial Type
Commercial: 1
Industrial: 1
Vacant Land: 1
Construction
Other: 1
Sale/Lease Includes
Land: 1
Road Access
Public Road: 1
U.S. Highway: 1
Cooling
None: 1
Utilities on Site
Other: 1
Fuel
None: 1
Additional Info
Other: 1
Easements
None: 1
Heat
None: 1
Expenses Included
Other: 1
Building/Business Tp
Automotive Service: 1
Bldg,Trde,Spls & Svc: 1
Business Service: 1
Church: 1
Dental: 1
Distributing: 1
Food Service: 1
Hotel/Motel: 1
Manufacturing: 1
Medical: 1
Professional Service: 1
Professional/Office: 1
Retail: 1
Warehouse: 1
Wholesale: 1
New Financing
Cash: 1
Conventional: 1
Showing
See Agent Instructns: 1
Location Tax Legal Info
Street Name: Highway 321
State/Province: TN
Zip Code: 37771
PIN #: 005 077.02 000
Geo Lat: 35.862948
Geo Lon: -84.324993
Status Change Info
Status Change Date: 2021-10-01
Under Contract Date: 2021-08-20
Sold Date: 2021-09-30
Sold Price: $2,020,000
Property Features
Commercial Type: Commercial; Industrial; Vacant Land
Road Access: Public Road; U.S. Highway
Utilities on Site: Other
Additional Info: Other
Fuel: None
Heat: None
Cooling: None
Location: Central Busns Area; Industrial Area; Outside City
Construction: Other
Easements: None
Expenses Included: Other
New Financing: Cash; Conventional
Showing: See Agent Instructns
Listing Office: Powell Auction & Realty,LLC
Office Phone: 865-938-3403
Last Updated: October - 01 - 2021
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